The population of a certain country in 1998 was 280 million people. In addition, the population of the country wa growing at a rate of 0.8% per year. Assuming that the growth rate continues, the model P(t) =280(1.008)t-1998 represents the population P (in milions of people) in year t. According to the model, when will the population of the country reach: (a.) 312 million people? (b.) 352 million people?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 39CT: The population P (in millions) of Texas from 2001 through 2014 can be approximated by the model...
icon
Related questions
icon
Concept explainers
Topic Video
Question

The population of a certain country in 1998 was 280 million people. In addition, the population of the country wa growing at a rate of 0.8% per year. Assuming that the growth rate continues, the model P(t) =280(1.008)t-1998 represents the population P (in milions of people) in year t. According to the model, when will the population of the country reach:

(a.) 312 million people?

(b.) 352 million people?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 7 steps with 4 images

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill